PHOENIX, AZ -- (MARKET WIRE) -- 01/11/11 -- On January 6, 2011 , For The Earth Corporation , an Arizona corporation ("For The Earth"), entered into an Agreement and Plan of Merger (the "Merger Agreement") with Medjet Inc. , a Delaware corporation ("Medjet") (PINKSHEETS: MDJT), and Ganymeade Acquisition Corporation , a Delaware corporation and wholly owned subsidiary of Medjet ("Merger Sub"). Pursuant to the Merger Agreement and subject to the conditions to closing set forth therein, Merger Sub will merge with and into For The Earth (the "Merger"), with For The Earth surviving as a wholly owned subsidiary of Medjet . As consideration for the Merger, the Merger Agreement provides that Medjet will issue an aggregate of 180,000,000 shares of its common stock to the shareholders of For The Earth. In connection with the Merger, Medjet will change its name to For The Earth Corporation .
About For The Earth Corporation
Headquartered in Phoenix, Arizona , For The Earth Corporation is focused on offering a diverse range of environmentally friendly, 100% non-toxic, and biodegradable products, including What Odor?™, What Stain?®, What Dirt?™, What Wound?™, and PaPurr™. For more information, visit www.fortheearthcorp.com.
About Medjet Inc.
Headquartered in Mountainside, New Jersey .
Forward Looking Statements
Except for historical information contained herein, the matters set forth in this document are forward-looking statements about expected future events that involve risks and uncertainties. These uncertainties may cause For The Earth's or Medjet's actual future results to be materially different from those discussed in the forward-looking statements. These risks and uncertainties include risks relating to the possible failure to consummate or delay in consummating the Merger.
Our forward looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. All forward-looking statements speak only as of the date hereof and are based upon the information available to Medjet and For The Earth at this time. Such statements are subject to change, and Medjet and For The Earth do not undertake to update such statements, except to the extent required under applicable law and regulation.
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